by Dan Mitchell | Sep 29, 2021 | Big Government, Blogs, Economics, Europe, Government Spending
A couple of days ago, I shared the most-recent data about “actual individual consumption” in nations that are part of the Organization for Economic Cooperation and Development. My goal was to emphasize my oft-stated point about people in the United...
by Dan Mitchell | Sep 26, 2021 | Big Government, Blogs, Welfare and Entitlements
A very persuasive argument against Biden’s fiscal agenda is that it makes no sense to copy the fiscal policies of European welfare states. Indeed, I routinely share this column from January, which looks at three different measures of comparative...
by Dan Mitchell | Sep 20, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
Ten days ago, I shared some data and evidence illustrating how redistribution programs result in high implicit tax rates and thus discourage low-income people from climbing the economic ladder. Simply stated, why work harder or work more when an additional...
by Dan Mitchell | Sep 16, 2021 | Big Government, Blogs, Government Spending, Welfare and Entitlements
More than 10 years ago, I wrote about President Obama’s disingenuous strategy of pretending that spending increases were tax cuts. Politicians in Washington have come up with something far more impressive than turning lead into gold or water into wine. Using...
by Dan Mitchell | Sep 10, 2021 | Big Government, Blogs, Economics, Welfare and Entitlements
The welfare state and the so-called war on poverty has been very bad news for taxpayers. But it’s also very bad news for poor people, in part because various redistribution programs can lure them out of the productive economy and...
